Top Offers for Air Conditioner Loan

LoanTap offers customised personal loans that are best suited for buying an Air Conditioner.

EMI-free

EMI Free

Interest only payment every month (40% lower monthly installment versus regular EMI) coupled with Bullet Payment every 3/6 months towards Principal. Ideal when: You receive additional income or an incentive every 3-6 months
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EMI-free

Step Up

Interest only Payment for 3 months followed by fixed EMI. Gives you space to manage expenses post an event. Ideal when: Heavy expenditure is involved in a particular event such as Wedding or a Medical Emergency.
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EMI-free

Term Loan

Repayment done via Fixed Equated Monthly Installments, where EMI=Principal + Interest. Each Installment reduces both interest and Principal amount. Ideal when: You know the precise Loan Amount needed and your income is consistent.
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Why take LoanTap’s Air Conditioner Loan?

With the rising heat every summer, an air conditioner is the need of the hour. Air Conditioners today are fueled with various smart features like auto temperature control, high class motors, auto sleep mode and so on! ACs with such smart features ought to come with a big price. With LoanTap’s Air conditioner Loan, No AC would ever be out of your budget. You can buy the best Air conditioners without worrying about your budgets and also without denting your pockets in one go. Owning an Air conditioner has become a lot more affordable with LoanTap’s flexible repayment offers. So wait no more!

Instant approval & disbursal

Instant approval & disbursal

Easy online process for loan sanction and fast disbursal within 24-36 hours
Flexible Repayment Option

Flexible Repayment Option

Flexibility to switch to EMI free loan, enhancement and accelerated repayment option after 6 months of disbursal
Higher Loan Amount

Higher Loan Amount

Option to choose from amount ranging from INR 50,000 to INR 10,00,000 basis your requirement
Longer Loan Tenure

Longer Loan Tenure

Flexibility to choose longer loan tenure from 6 months to 60 months making EMIs more affordable
Minimum documents

Minimum documents

We collect only what is basic minimum for all our custom personal loan products
Transparent Process

Transparent Process

No hidden charges, No pre-payment charges and secured processes
Eligibility criteria for availing Air conditioner Loan
  • Individuals with a minimum income of INR 30,000 can apply for our Air conditioner Loan
  • Indian Citizen/Residents who are 21 years & above
Basic Documents required for availing Air conditioner Loan
  • PAN Card
  • Salary Slips (last 3 months)
  • Salary Account Bank Statement (3/6 months)
  • Address Proof

Top Brands for Air conditioners

SAMSUNG

SAMSUNG

SAMSUNG

Samsung brings a range of premium air conditioners with the most top notch features like controlled energy consumption and HD filtration. These air conditioners range from INR 30,000 to INR 1,00,000. You can avail our Air conditioner EMI Free Loan to purchase the latest Samsung air conditioners.

Samsung 1.5 Ton 5-Star Inverter Split AC – AR18NV5HLTRNNA and Samsung AR18NV3HEWK 1.5 Ton 3 Star Split AC are popular purchases among Millennial families.

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LG

LG

LG

LG offers a wide range of premium air conditioners that have active energy consumption control features. These air conditioners are ranging from INR 25,000 to INR 60,000. You can avail Term Loan for air conditioners to Purchase the best LG air conditioners.

LG 1.5 Ton 3-Star Inverter Split AC – Q18YNXA and LG 1.5 Ton 5-Star Inverter Split AC – KS-Q18YNZA are best selling AC models from LG.

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Voltas

Voltas

Voltas

Voltas Air conditioners are eco friendly and are fueled with a sleep mode facility and 2 stage filtration feature. They have been popular for Mid range air conditioners ranging from INR 20,000 to INR 80,000. You can avail the most stylish, smart air conditioners with Air conditioner Term Loan. Voltas 1.5 Ton 3-Star Inverter Split AC – 183V CZT/183 VCZT2 and Voltas 1.5 Ton 3 Star Wi-Fi Split AC with Amazon Alexa (Smart AC) are most popular among modern households.

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Blue Star

Blue Star

Blue Star

Blue Star brings a variety of Mid to premium range of air conditioners ranging from INR 40,000 to INR 90,000. A wide range of air conditioners with anti bacterial filters can be availed with the help of EMI Free Loan for Air conditioner. Blue Star 1.5 Ton 4.75-Star Split AC BI-5CNHW18PAFU is one of the highest selling AC from Blue Star.

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Blogs

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Personal Overdraft - It’s like Your Secret Stash of Money
03/12/2019
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LoanTap offers Personal Loans for amounts of Rs. 25K - 10L for tenures ranging from 3 Months - 5 Years.
We charge a Processing Fee of only 2% (+ taxes). Our interest rates range from 18% to 30% p.a., based on the type of loan, customer profile, and other related factors.

Example:
On a personal loan of Rs. 1 lakh at a rate of 18% per annum, for a tenure of 36 months, the EMI amount will be Rs. 3,615